President Obama, when campaigning for president said: “The way to make government responsible
is to hold it accountable, and the way to make government accountable is to make
it transparent so that the American people can know exactly what decisions are being
made, how they are being made.”
The Securities and Exhange Commission own mission statement
describes itself as the investors advocate. The self-described mission of the U.S. Securities and
Exchange Commission is to protect investors, maintain fair, orderly, and
efficient markets, and facilitate capital formation. The SEC has the power to close
you down, and this new financial regulation law that recently passed has given them
much, much more power.
In response to a Freedom of Information Act request from Fox
Business Network and the founding partner of law firm Mintz and Gold, LLC, the
SEC has refused to comply. The SEC claims that the new financial regulation law exempts the SEC from
the Freedom of Information Act.
Thanks to overwhelming Democrat vote, we now have a gigantic, new, all powerful
arm of the federal government that no longer has to answer to the people. It no longer has to answer to
Congress. It no longer has to
answer questions from the media (as if the compliant boobs in the lame-stream
media have any intent of asking questions of this administration.) If the SEC chooses to shut somebody
down because there are irregularities, it no longer has to provide any information
to anyone on who, what, why, where or when. If there is any irregularity going on within the SEC, we can
no longer question it. Did our
“representatives” in congress think that was a damned good idea when they cast
their vote of “Aye” or did they just not read the damned 2,700 page bill? Knowing the mindset of our rulers, I’d
say it’s a little of both.
What happened to the transparency our Dear Leader seemed to
advocate so strongly in his quest for our vote?
guess that’s been put in the trash heap along with “taxes for people making
under $200,000 will not increase one bit.”